Is the World Overbuilding LNG Capacity? ...Middle East

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Is the World Overbuilding LNG Capacity?
source : OILPRICE ( Middle East ) () 33
Last year, the United States became the world’s largest exporter of liquefied natural gas. This year, the federal government, acting on urges from climate activists, started a review in the approval process for new LNG facilities. At around the same time, a warning came about a coming glut in LNG capacity—amid reports that China’s resurgent LNG imports are threatening Europe’s energy security. Just a decade ago, natural gas in all its forms was as uncontroversial as a hydrocarbon could ever get in the modern world. Now,…

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